Site icon VMVirtualMachine.com

Oracle raises $50 billion for AI data centers as stock rises 5%

Oracle raises  billion for AI data centers as stock rises 5%

By The Tech Buzz Team
Publication Date: 2026-02-02 15:20:00

  • Oracle plans to raise $45-50 billion through debt and equity in 2026 to expand AI data center capacity for customers such as Nvidia, Meta, OpenAI, AMD, TikTok and xAI

  • The stock rose 5% in premarket trading following the announcement, recovering somewhat from its 50% slump since peaking in September

  • Data center contracts hit a record $61 billion in 2025 as hyperscalers look to build AI infrastructure and Oracle races to capture contracted demand

  • The fundraising comes after Oracle raised $18 billion in bonds last September and signed a $300 billion deal with OpenAI, despite investor concerns about aggressive spending

Oracle just made its biggest bet yet on the AI ​​infrastructure gold rush. The database giant said Sunday it will raise up to $50 billion in 2026 to build data center capacity for a number of AI heavyweights, including Nvidia, Meta and OpenAI. Investors responded by rising 5% premarket, a welcome relief after the stock’s brutal 50% decline since…

Exit mobile version